Travelex Debuts Wholesale Banknote Operations in Canada
Travelex expansion to Canada with its wholesale banknote operations will provide international currency services to banks and money service businesses nationwide.
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Al Fardan Exchange Partners with ABHI to Launch Salary Advance Service for WPS Customers
Aiming to bridge financial gaps and empower underbanked communities, Al Fardan Exchange has partnered with ABHI Middle East Limited to introduce a new Salary Advance service for Wages Protection System (WPS) customers.
AfDB and IFC Appoint Inspired Evolution to Lead New Renewable Energy Fund for Africa
Backed by global development heavyweights, including IFC, AfDB, The Rockefeller Foundation, TDB Group, and NDF, Zafiri is filling one of Africa’s toughest financing gaps by channeling long-term equity into distributed renewable energy companies that deliver last-mile access where traditional capital falls short.
Key Takeaways from TransUnion Summit 2025
As industry leaders gathered for TransUnion’s UK Summit, three key challenges for financial services emerged: trust, financial exclusion, and fraud. Here are the main takeaways.
Chinese Regulators Pause Tech Giant Stablecoin Initiatives
Tech giants’ plans to issue stablecoins in Hong Kong are reportedly on hold, as Chinese authorities instructed them not to proceed with such initiatives, fearing they might undermine state control over financial industry.
McKinsey Report Raises Stakes for Global Payments Revenues: Forecast to Surpass $3T by 2029
The 2025 McKinsey Global Payments Report estimates global payments revenues to reach $3 trillion by 2029, after generating $2.5 trillion in revenue from $2.0 quadrillion in value flows last year.
Splitwise Expands Pay by Bank in EU With Tink Capabilities
Splitwise Pay by Bank service will now function across France, Germany, and Austria via Tink, a Visa Solution, partnership.
Rising Payment Costs Force Merchants to Rethink Payment Strategies
Wind River Payments report reveals that nearly half of merchants are encouraging their customers to pay with cash and debit cards as margin pressures mount and payment processing fees become the fastest-growing operating expense.
Half UK Shoppers Love Contactless In-Store Payments But Even More Carry Cash
An increasing number of British consumers say contactless is their favourite way to pay in-store, though cash use in stores has also grown by over 20% in two years, reports Takepayments.
Safello Becomes Preferred Partner to Fragbite Group’s Bitcoin Treasury After Getting MiCA License
Fresh off becoming the first Swedish crypto firm authorized under the EU’s Markets in Crypto-Assets (MiCA) regulation, Safello has announced a new strategic partnership with Fragbite Group AB, one of Sweden’s leading gaming and esports companies.
Global Islamic Finance Assets to Reach $9.7T by 2029
The findings of the 2025 Islamic Finance Development Indicator (IFDI) Report reflect how Islamic finance is evolving beyond its traditional markets to become a more dynamic and globally integrated part of the financial system, with assets expected to surge to $9.7 trillion by 2029.
Monzo Opens Waitlist for Built-In Tax Filing With Making Tax Digital
Powered by Sage technology, Monzo Making Tax Digital in-built tax filing tool will enable sole traders and landlords to file taxes directly to HMRC from their Monzo Business bank account, as HMRC’s new rules come into effect in April 2026.
Stripe Expands Stablecoin Offering With Subscription Payments
To better serve the 30% of its partner businesses that operate on recurring revenue models, including most AI companies, Stripe is introducing subscription features for stablecoin payments.
Coinbase Investment Takes CoinDCX Valuation to $2,45B
Coinbase expresses its ongoing commitment to the Indian market by placing additional funding into local crypto exchange CoinCDX, which it has supported since 2020.
One Inc Partners With Copart to Boost Automotive Claims With ClaimsPay
As auto claims grow more complex, One Inc and Copart are joining forces to simplify the process, bringing faster, fully digital lienholder payments through the integration of ClaimsPay with Title Express & Loan Payoff.
Bitget Wallet Crypto Card Launches in Select APAC Markets
Bitget Wallet Card enables everyday use of crypto by linking self-custodied digital assets directly to Mastercard’s network of over 150 million merchants and Visa’s presence in more than 200 countries.
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